119 S Park View DrPark ViewIA52748
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Park View at 119 S Park View Dr, Park View, IA, 52748 uses $114,368 cash to close to unlock $1,483/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $2,375/mo, and a $1,689/mo payment keeps the spread at $124/mo. Purchase price stands at $345,000, and rental yield measures 8.26% with $2,375/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash records $126,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,375/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.33 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52748, Eldridge, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,159 (100%) |
| Owner Occupied HU | 3,016 (72.5%) |
| Renter Occupied HU | 904 (21.7%) |
| Vacant Housing Units | 239 ( 5.7%) |
| Median Home Value | $375,552 |
| Average Home Value | $398,076 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,554
Multi-Family
508
Businesses
307
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Listed by: Nikki Sailor • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.